The VBS Mutual Bank, Vele Investments and Insure saga has left insurers out of pocket in respect of premiums not paid over for the month of August. Insure failed to pay insurers in excess of R1.2bn – however, Santam has reassured its clients that they will not be affected in any way. READ MORE

Brokers in Kenya have spoken out against the proposed Insurance Amendment Bill, saying it will lead to job losses and business closures. In terms of the proposed bill, clients will be able to submit their premiums directly to insurance companies. READ MORE